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Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...
Persistent link: https://www.econbiz.de/10009635970
The long-run determinants of euro area FDI to the United States during the period 1980-2001 are explained by employing … found to influence euro area FDI to the United States. Moreover, the inclusion of the Tobin's Q enhances the traditional …), and the real exchange rate are statistically significant determinants of euro area FDI to the United States. …
Persistent link: https://www.econbiz.de/10009636552
Foreign direct investment (FDI) inflows into Central and Eastern Europe declined from a record $31 billion in 2002 to a … World Investment Report 2004: The Shift Towards Services. Despite the decline in 2003, the report predicts that the medium …-term prospects for further FDI growth in Central and Eastern Europe are good. In all, FDI inflows last year rose in 10 of the regionu …
Persistent link: https://www.econbiz.de/10009636772
Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions. Third-party enforcement is modelled as a costly...
Persistent link: https://www.econbiz.de/10009635888
We live in a service economy, but the extent of development of service employment differs across developed countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD...
Persistent link: https://www.econbiz.de/10009636543
Inspired by a European spirit, the EU's national economic and social councils and the EESC worked together tirelessly to create a European network of economic and social councils. Thanks to the commitment of the presidents and members of all the councils, the network has helped forge systematic...
Persistent link: https://www.econbiz.de/10010260412
Persistent link: https://www.econbiz.de/10009637795
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Persistent link: https://www.econbiz.de/10011857881
Over the past four years, Romania has benefited from record FDI inflows, thanks to macroeconomic stabilisation, strong … GDP growth, large-scale privatisations and the prospect of EU membership. However, privatisation-related FDI flows are … industry, in favour of low-cost Asian countries. Faced with slowing FDI inflows and at the same time with large catching …
Persistent link: https://www.econbiz.de/10009641088